Canaccord Genuity Group Reiterates Buy Rating for Made Tech Group (LON:MTEC)

Made Tech Group (LON:MTEC)‘s stock had its “buy” rating reissued by investment analysts at Canaccord Genuity Group in a research report issued to clients and investors on Tuesday,Digital Look reports. They currently have a GBX 60 target price on the stock. Canaccord Genuity Group’s target price would suggest a potential upside of 39.21% from the company’s current price.

Made Tech Group Trading Up 12.7%

Shares of Made Tech Group stock opened at GBX 43.10 on Tuesday. The company has a debt-to-equity ratio of 8.21, a quick ratio of 2.95 and a current ratio of 3.06. The company has a market capitalization of £64.34 million, a P/E ratio of 37.16 and a beta of 1.04. Made Tech Group has a 1 year low of GBX 26 and a 1 year high of GBX 46. The company’s fifty day moving average is GBX 37.03 and its two-hundred day moving average is GBX 37.67.

Made Tech Group Company Profile

Made Tech Group Plc provides digital, data, and technology services to the public sector in the United Kingdom. It offers digital delivery, embedded capabilities, data infrastructure and insights, and legacy application transformation services. The company provides services that enable central government, healthcare, and local government organizations to digitally transform. It serves central and local government, housing, health and care, transport, and education; police, justice, and emergency; and space, defense, and security sectors.